The Space Situational Awareness Market was estimated at USD 1.40 billion in 2021 and is likely to grow at a CAGR of 5.1% during 2022-2028 to reach USD 1.98 billion in 2028.
High demand for space situational awareness from organizations like NASA and the Department of Defense, driven by the growing reliance on space assets and the need for safe space operations, is propelling the market. In 2021, Europe and Asia-Pacific held significant market shares.